Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (3.1 on a scale of 0 to 10). Operating profits as a percentage of assets at 0.1%, coupled with a return on assets of 0.1 has resulted in Weak (1.0) profitability.
Other Rating Factors:
A current level of 2.4 percent of nonperforming loans to core capital combined with 2.0 percent from a year earlier contributes to the Excellent asset quality (7.8). Excellent current capitalization (7.4 on a scale of 0 to 10) based on a risk-based capital ratio of 16.3 and a capital leverage ratio of 9.2.
Asset Mix:
Home mtgs (30%), securities (28%), comm re (14%), cash (6%), comm loans (4%), home eq lns (4%), consumer loans (1%), other (14%)
States with Branches:
IL
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Group Affiliation
Union Bancshares, MHC
Investment Rating
--
Address
223 West Stephenson Street
Freeport, IL 61032
Freeport, IL 61032
Phone Number
(815) 235-0800
Year Founded
1883
FDIC Number
Website
Largest Affiliates
No affiliate information available.